International Paper is closing its Savannah and Riceboro facilities by September. Economic analysts explain the challenges ...

International Paper will close mills in Alabama and Georgia that will lead to layoffs of more than 1,000 employees.

(Reuters) -International Paper said on Thursday it will sell its global cellulose fibers business to private equity firm ...

International Paper Co. has announced the closure of two Georgia paper mills, including a Savannah mill that's been a key ...

The company also will close a packaging facility and a timber and lumber mill, resulting in about 1,100 job cuts.

Georgia Gov. Brian Kemp has issued a statement following news that International Paper would shut down its mills in Savannah ...

The Savannah and Riceboro closures came as part of a series of "strategic changes to achieve an advantaged cost position," ...

These changes include a $1.5 billion sale of IP's Global Cellulose Fibers (GCF) business and a restructuring of its North the ...

Private equity firm American Industrial Partners is the buyer in the long-anticipated sale. CEO Andy Silvernail has been ...

International Paper says the transaction is expected to close by the end of the year, but is subject to regulatory approvals.

International Paper announced it will close its locations in Savannah and Riceboro, but the losses are being felt in Augusta, ...

American Industrial Partners has agreed to acquire International Paper’s global cellulose fibers business for $1.5 billion.